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The President & the Executive Branch Discuss ‘I don’t see him crying uncle’: Trump believes China tariffs will help him win reelec at the Political Forums; ‘I don’t see him crying uncle’: Trump believes China tariffs will help him win reelection President Trump is telling advisers ...

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Old 05-15-2019, 01:05 AM
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Default ‘I don’t see him crying uncle’: Trump believes China tariffs will help him win reelec

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‘I don’t see him crying uncle’: Trump believes China tariffs will help him win reelection

President Trump is telling advisers and close allies that he has no intention of pulling back on his escalating trade war with China, arguing that clashing with Beijing is highly popular with his political base and will help him win reelection in 2020 regardless of any immediate economic pain.

Administration officials and outside Trump advisers said Tuesday that they do not expect him to shift his position significantly in coming days, saying he is determined to endure an intensifying showdown with Chinese President Xi Jinping despite turbulence in global markets and frustration within his own party.

Trump’s defiance is rooted in decades of viewing the Chinese as economic villains and driven by his desire to fulfill a core promise from his 2016 campaign: that he would dramatically overhaul the U.S.-China relationship. The confrontation is also fueled by Trump’s willingness to flout the norms of presidential behavior, including his suggestion on Tuesday that the Federal Reserve should assist his trade efforts by lowering interest rates.

“I don’t see him crying uncle anytime soon,” said Stephen Moore, a conservative economist who withdrew from consideration as a Trump Federal Reserve Board nominee amid an uproar. “It’s a high-risk strategy, but it’s not in his personality to back down. This goes back to what he said that first time he came down the escalator at Trump Tower.”

Speaking to reporters Tuesday before boarding Marine One en route to Louisiana, Trump insisted that he is in a “very, very strong position” and called the stalled negotiations “a little squabble.”

Trump cast the strength of the U.S. economy as leverage, saying, “We have all the advantage.” And he threatened to impose tariffs on an additional $325 billion in Chinese goods, saying, “We’re looking at it very strongly.”

But as Trump expresses confidence, there have been tensions inside the White House, with some advisers uneasy with Trump’s strident nationalism and firm belief in tariffs as economic weapons. The disagreements reflect broader distress within Republican circles about the president’s sharp rhetoric and refusal to budge.
“I don’t like directionally where it’s going,” said former White House communications director Anthony Scaramucci, a prominent investor. “The economy is still very strong. It’s not clear to me it will fully derail the economic story. But it could put a dent in the stock and bond market.”

“Tariffs are blunt instruments. They can inflict harm on competitors and be a source of leverage for negotiations,” said former White House staff secretary Rob Porter, who at times engaged in heated discussions in the Oval Office on trade. “They can also have significant consequences for global supply chains and domestic producers and consumers, and any decision on tariffs should include careful consideration of all these consequences.”

Trump has worked to contain his current advisers as the negotiations have unfolded and present a united front to the Chinese, who he believes are looking for weakness, according to multiple officials, many of whom spoke on the condition of anonymity to share private discussions. With Scaramucci, Porter and others who are alarmed now gone from the White House, Trump has found it easier to navigate his own administration and govern by his own instincts.
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Do you think tariffs are good or bad?
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Old 05-15-2019, 08:59 AM
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Default Re: ‘I don’t see him crying uncle’: Trump believes China tariffs will help him win re

It's not a matter of tariffs versus no tariffs, it's pushing back against China's grossly unfair trade practices. Neither the vaunted international community nor previous administrations had the fortitude to tackle the problem but President Trump does.
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Old 05-15-2019, 12:02 PM
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Default Re: ‘I don’t see him crying uncle’: Trump believes China tariffs will help him win re

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Originally Posted by AZRWinger View Post
It's not a matter of tariffs versus no tariffs, it's pushing back against China's grossly unfair trade practices. Neither the vaunted international community nor previous administrations had the fortitude to tackle the problem but President Trump does.
That's where I'm at...

A president standing up for the US...
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